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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Earnings Per Share [Abstract]                      
Net income attributable to Federated Investors, Inc. $ 55,842 $ 54,925 $ 52,709 $ 45,443 [1] $ 47,610 $ 44,131 $ 41,759 $ 36,307 $ 208,919 $ 169,807 $ 149,236
Less: Total income available to participating unvested restricted shareholders, basic [2]                 (7,632) (6,608) (5,823)
Less: Total income available to particpating unvested restricted shareholders, diluted [2]                 (7,632) (6,608) (5,823)
Total net income attributable to Federated Common Stock - Basic [3]                 201,287 163,199 143,413
Total net income attributable to Federated Common Stock - Diluted [3]                 $ 201,287 $ 163,199 $ 143,413
Earnings per common share—Basic and Diluted $ 0.52 [4] $ 0.54 $ 0.51 $ 0.44 $ 0.46 $ 0.42 $ 0.40 $ 0.35 $ 2.03 [3] $ 1.62 [3] $ 1.42 [3]
Weighted Average Number of Shares Outstanding [Abstract]                      
Basic weighted-average common shares outstanding [3]                 99,116 100,475 100,721
Dilutive potential shares from stock options                 1 2 2
Diluted weighted-average common shares outstanding [3]                 99,117 100,477 100,723
[1] As a result of the adoption of ASU 2016-09, the income-tax provision for March 31, 2016 was reduced by $0.2 million from amounts previously reported (see Note (2) for additional information).
[2] Income available to participating unvested restricted shareholders includes dividends paid on unvested restricted shares and their proportionate share of undistributed earnings.
[3] Federated Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.
[4] For the quarter ended December 31, 2016, Federated paid $1.00 per share as a special cash dividend and a $0.25 per share regular cash dividend. All dividends were considered ordinary dividends for tax purposes. The special dividend negatively impacted fourth quarter 2016 earnings per share by $0.02.